Goods imports:
~US$ 800 billion per year (world top 8)
India
India — Global Import Market
India is one of the world's largest importers, bringing in roughly US$ 800 billion in goods each year. As one of the fastest-growing major economies, India imports large volumes of energy, electronics, machinery, and raw materials to power industrialization and rising consumption.
Market overview — imports by volume
Global share of imports:
~3%
Import reliance:
very high on crude oil and electronics
Notable:
one of the world's fastest-growing large import markets
Top 10 imported items by value
1. Crude oil & mineral fuels
2. Electronics & semiconductors
3. Gold & precious metals
4. Machinery & mechanical appliances
5. Chemical products
6. Plastics & articles
7. Fertilizers & agricultural inputs
8. Iron & steel articles
9. Electrical machinery
10. Medical & pharmaceutical products
What this means for Canadian exporters
India is a fast-growing demand pool for Canadian exporters — especially energy, fertilizers, food, and raw materials. Its size and growth make it one of the most attractive long-term diversification targets outside the US, though the market requires patient channel building and local buyer relationships.